RY - Royal Bank of Canada

NYSE - NYSE Delayed Price. Currency in USD
76.03
-0.88 (-1.14%)
At close: 4:02PM EDT
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Previous Close76.91
Open76.41
Bid74.75 x 1400
Ask80.00 x 1100
Day's Range76.00 - 76.58
52 Week Range68.56 - 87.10
Volume829,804
Avg. Volume702,128
Market Cap109.28B
Beta0.95
PE Ratio (TTM)12.82
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.93 (3.72%)
Ex-Dividend Date2018-04-24
1y Target EstN/A
Trade prices are not sourced from all markets
  • Royal Bank of Canada (RY) Q2 Earnings Impress, Provisions Low
    Zacks2 days ago

    Royal Bank of Canada (RY) Q2 Earnings Impress, Provisions Low

    Royal Bank of Canada's (RY) second-quarter fiscal 2018 (ended Apr 30, 2018) results impress on lower provisions and rise in net interest income.

  • Analyst Cut Sherwin-Williams’s Target Price but Stay Positive
    Market Realist2 days ago

    Analyst Cut Sherwin-Williams’s Target Price but Stay Positive

    Of the 26 analysts covering Sherwin-Williams, 69% recommend “buy,” 31% recommend “hold,” and none recommend “sell.” Over the past three months, analysts have been conservative and scaled down its target price from $460 to $445.60, which implies 15.9% growth from its May 23 closing price of $384.50. 

  • The Wall Street Journal3 days ago

    [$$] RBC and TD Show Mortgage Strength Amid Monetary and Regulatory Changes

    TORONTO—Canada’s two largest banks are weathering a recent cooling of the country’s housing market. Both Royal Bank of Canada and Toronto Dominion Bank reported second-quarter earnings on Thursday, showing growth in mortgages and low reserves for potential loan losses, even as recent housing data show a drop in starts and prices nationwide. “Notwithstanding monetary tightening and regulatory changes that affected some homeowners, we continue to see solid mortgage volume growth this quarter,” said RBC’s CEO, during a morning call with analysts.

  • Forbes3 days ago

    Royal Bank Of Canada Bets Big On Artificial Intelligence

    In my recent series on artificial intelligence for smarter investing, one of the key themes is the importance of collaboration between computer programmers and financial subject matter experts. Most efforts to use AI in finance fail because programmers don’t understand the financial data while the financial experts don’t understand technology. Not only has this bank made concrete efforts to foster collaboration between programmers and financial experts, its CEO has experience in both fields. These efforts are already improving profitability and efficiency, which when combined with a cheap valuation make Royal Bank of Canada (RY) this week’s Long Idea.

  • Reuters3 days ago

    WRAPUP 5-Canada's biggest banks shrug off mortgage concerns with profit beats

    Royal Bank of Canada and Toronto-Dominion Bank, Canada's two biggest lenders, reported second-quarter earnings that beat market expectations on Thursday, shrugging off concerns over slowing mortgage growth. RBC said net income increased by 9 percent compared with the previous year to C$3.1 billion ($2.4 billion), including 7 percent growth at its Canadian retail business, due to improved sales and margins.

  • Royal Bank Of Canada (RY) Q2 2018 Earnings Conference Call Transcript
    Motley Fool3 days ago

    Royal Bank Of Canada (RY) Q2 2018 Earnings Conference Call Transcript

    RY earnings call for the period ending April 30, 2018.

  • Reuters3 days ago

    RBC posts 11 percent rise in second-quarter earnings

    Royal Bank of Canada, Canada's biggest lender by market value, on Thursday posted an 11 percent rise in its second-quarter earnings, helped by strong growth at its wealth management and retail businesses. ...

  • Moody's4 days ago

    Tender Option Bond Trust (RBC Liquidity), Puttable Floating Rate Receipts, Series 2018-XG0176 -- Moody's assigns A1/VMIG 1 to Floater Receipts, Series 2018-XG0176

    Moody's Investors Service has assigned A1/VMIG 1 to the Tender Option Bond Trust (RBC Liquidity), Puttable Floating Rate Receipts, Series 2018-XG0176 (the Receipts). Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity.

  • How Analysts View 3M
    Market Realist11 days ago

    How Analysts View 3M

    Analysts have a consensus target price for 3M of $213.8, implying a potential return of 5.9% over the closing price of $202.41 as of May 15. After its 1Q18 earnings, the target price for 3M has fallen 10%, indicating that analysts have a conservative view on the stock.

  • How Does Royal Bank of Canada’s (TSE:RY) Earnings Growth Stack Up Against The Industry?
    Simply Wall St.16 days ago

    How Does Royal Bank of Canada’s (TSE:RY) Earnings Growth Stack Up Against The Industry?

    Improvement in profitability and outperformance against the industry can be important characteristics in a stock for some investors. Below, I will assess Royal Bank of Canada’s (TSX:RY) track record onRead More...

  • Reuters16 days ago

    RBC to provide financing for £2.2 billion ZPG buyout

    By Alasdair Reilly and David Brooke (LPC) - Royal Bank of Canada is providing the £1.07bn financing backing private equity firm Silver Lake’s £2.2bn acquisition of ZPG (ZPG.L), owner of online property ...

  • Reuters16 days ago

    RBC to provide financing for £2.2 billion ZPG buyout

    By Alasdair Reilly and David Brooke - Royal Bank of Canada is providing the £1.07bn financing backing private equity firm Silver Lake’s £2.2bn acquisition of ZPG , owner of online property platforms Zoopla ...

  • Moody's19 days ago

    North Dakota Housing Finance Agency -- Moody's Assigns Aa1/VMIG 1 to NDHFA Housing Fin. Prog. Bds. 2018 C. Outlook is stable.

    Rating Action: Moody's Assigns Aa1/VMIG 1 to NDHFA Housing Fin. New York, May 08, 2018 -- Moody's Investors Service has assigned Aa1 and VMIG 1 ratings in connection with the proposed $9.355 million North Dakota Housing Finance Agency (the "Agency") Housing Finance Program Bonds Home Mortgage Finance Program 2018 Series C (Taxable). Moody's also maintains the Aa1 and VMIG 1 ratings on all of the Agency's outstanding Housing Finance Program Bonds.

  • Reuterslast month

    Canada's biggest lender RBC hikes mortgage rates

    Royal Bank of Canada, Canada's biggest lender, on Thursday said it had lifted the posted rates on some of its fixed-rate mortgages, following the lead of its biggest rival Toronto-Dominion Bank on Wednesday. The move will make it even harder for borrowers to obtain home loans, coming after Canada's banking watchdog introduced new rules at the start of the year compelling banks to test if borrowers can afford to repay loans at a level 200 basis points the contracted rate. RBC said that rates on its one year to four year fixed rate mortgages would rise by 15 basis and rates on its five year to ten year fixed rate mortgages would rise by 20 basis points from April 30.

  • Moody'slast month

    SONYMA-Homeowner Mortgage Rev. Bds., NY -- Moody's affirms VMIG 1 ratings on SONYMA Homeowner Mortgage Revenue Bonds, Series 139, 144 & 207

    Moody's Investors Service has affirmed the VMIG 1 ratings assigned to the State of New York Mortgage Agency's ("SONYMA" or "Agency") Homeowner Mortgage Revenue Bonds (HMRB), Series ...

  • Moody'slast month

    Wyoming CDA Hsg. Rev. Bds(1994 Indenture), WY -- Moody's Assigns Aa1/VMIG 1 to Wyoming CDA Housing Rev. Bds. 2018 Series 2; outlook stable

    Moody's Investors Service has assigned a Aa1/VMIG 1 rating to approximately $20 million of Wyoming Community Development Authority (WCDA) Housing Revenue Bonds, 2018 Series 2 (Variable Rate) (Non-AMT) (2018 Bonds). The Aa1 rating reflects the strong financial position of the program, a sound loan portfolio composition, and the structure of the bonds previously issued under the 1994 Indenture. The VMIG 1 rating is based on the standby bond purchase agreement ("SBPA") provided by the Royal Bank of Canada ("RBC" or the "Bank").

  • Moody'slast month

    Connecticut HFA - Hsg. Mtge. Fin. Prog. Bds. -- Moody's assigns Aaa to CT Housing Finance Authority's Housing Mortgage Finance Program Bonds 2018 Series B, Subseries B-1 and B-2, and Aaa/VMIG 1 to Subseries B-3

    Moody's Investors Service has assigned a rating of Aaa to the proposed $165,025,000 Connecticut Housing Finance Authority's Housing Mortgage Finance Program Bonds, 2018 Series B, Subseries B-1 and B-2 (AMT), and a rating of Aaa/VMIG 1 and a bank bond rating of Aa2 to Subseries B-3 (Variable Rate) (the "Bonds"). Moody's maintains existing Aaa ratings on all outstanding Housing Mortgage Finance Program Bonds. The outlook on the ratings is stable.

  • Moody'slast month

    Main Street Natural Gas, Inc. -- Moody's assigns A1 to Main Street Natural Gas, Inc. Gas Supply Revenue Bonds, Series 2018 Subseries 2018C, 2018D & 2018E

    Moody's Investors Service has assigned an A1 rating to Main Street Natural Gas, Inc. (the Issuer), Gas Supply Revenue Bonds, Series 2018 Subseries 2018C, 2018D and 2018E. (the Bonds). The rating on the ...

  • Analysts’ Opinions before 3M’s 1Q18 Earnings
    Market Realistlast month

    Analysts’ Opinions before 3M’s 1Q18 Earnings

    Since the 4Q17 earnings report, the number of analysts tracking 3M (MMM) has increased to 15 from 14. Analysts’ consensus indicates a target price of $237.92, which implies a return potential of 8.1% over the closing price as of April 17, 2018. Analysts’ consensus target price for 3M has decreased from $246.7 to the current price in three months, which indicates that analysts are a little conservative on the stock.

  • Royal Bank of Canada (TSE:RY): Ex-Dividend Is In 5 Days, Should You Buy?
    Simply Wall St.last month

    Royal Bank of Canada (TSE:RY): Ex-Dividend Is In 5 Days, Should You Buy?

    Attention dividend hunters! Royal Bank of Canada (TSX:RY) will be distributing its dividend of CA$0.94 per share on the 24 May 2018, and will start trading ex-dividend in 5 daysRead More...

  • Reuterslast month

    MOVES-RBC unit names head of client operations in Canada

    RBC Investor & Treasury Services, a unit of Royal Bank of Canada, named Kumi Somaskandan managing director and head of client operations, Canada. Somaskandan joins from Citco, where she was most recently ...